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in the d.c. area. good morning washington. it's 5:00 a.m.. >> so glad you're with us on this wednesday morning november 7. i'm steve chenevey. >> and i'm cynne simpson. let's get right over to jacqui jeras with the latest on this chilly forecast. >> yeah, it's cold. we're on snowflake watch for later on today. the first flakes. season will be possible by this evening. we've got a little moisture out there right now, but for the most part, it's going to be a cloudy, windy, and cold date. once we get through the coastal storm, we'll have a warmer weekend ahead. that's the good news. let's start you out, though, by showing you some of the moisture. we're seeing it over the delmarva peninsula and into the chesapeake bay. all that i've seen so far has been rain, not snow, so tweet me if you're seeing a few snowflakes mixed in. but i think for the most part, that will happen later this afternoon and this evening. 41 at reagan national. 37 at dulles. this will mostly be an event to the east of us. temperatures holding pretty steady in the upper 30's to
, for abc news. >> good for peta. >> live and in hd. this is "good morning washington." on your side. >> answer the head, and listen the widening scandal including former cia director david petraeus. president obama expected to make his first comment on the scandal of this afternoon at the white house. good morning, it is wednesday november 14. i am cynnÉ simpson. >> i am steve chenevy. let us get right to jacqui jeras. called out of their. >> yes. our weather had line is that it is a chilly start. many of us at or below the freezing mark. our coverage from washington is 36. but 32 in arlington and. sunny skies expected. looking forward to a dry and cool spell ahead that will last into the weekend. our cold front is offshore. as to conceal our picture here, highdominating our weather keeping us clear and cool. our temperatures staying in the 40's for the most part today. we will top out at around 50 degrees in the district. most of us will see temperatures in the upper 50's. more on the seven-day coming up. we will head over to traffic. >> we will start with a look at the beltway pu
washington." on your side. thatat would we do youtube. >> good morning, washington. i am cynnÉ simpson. >> i am steve chenevey. thet will be slow going on road i am sure. we will check in with steve and a second. the weatheryou headlines. down as we coming speak and will continue through good part of the morning. get past the noon hour and that drive up and we thissee clearing afternoon. temperature-wise we are back below average. hope you enjoyed that 72 degrees yesterday afternoon. at doppler a look radar. you can see the rain is across the area. off to the west is worry heavier showers are. mostly white and moderate rain. at 9:00 a.m., 47 and rain. noon, 51 and may be a stray showers. your seven-day in just a minute. first-run the belfort furniture center, let us check on traffic. >> here we are on 395 at duke street. a what the roads are. delays for an accident free. overnight construction that was up run the beltway cleared moved in it. around the beltway, we are in good shape. 270.we are on you can see some of the road spray. still moving well. it will be slow past the exit for 109. in
conviction is serious or violent. >>> president obama will head back to washington this afternoon after celebrating his reelection in his home state of illinois. reporter rene marsh is live in chicago. good morning. >> reporter: good morning, pam. so now the newly elected newly reelected i should say president obama he has a lot of work to do. one of the unresolved issues he has to tackle now that fiscal cliff. but before he gets back to work, he took a little time to celebrate his victory with supporters here at his head quarters early this morning. >>> electrified youd greeted president barack obama early wednesday morning. he says he's ready for four more years. >> with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work we need to do and the future that lies ahead. >> reporter: his reelection comes after a nail biting night of returns. his president defended his home turf and won several critical swing states including ohio. pushing him over the 270 electoral vote mark. >> i want to thank every american who particip
>>> this morning on "meet the press" -- an unfolding scandal in washington. and a new battle over the fiscal cliff. the election celebration is short-lived. a surprise resignation by cia director david petraeus comes days before congressional hearings over the attack on th u.s. consulate in benghazi. we'll get reaction this morning from capitol hill and the very latest reporting on this developing story from our chief foreign affairs correspondent andrea mitchell, who broke the story friday afternoon. also the president and republicans get set to negotiate new taxes and spending cuts. is a breakthrough possible? >> i'm open to compromise. i'm open to new ideas. we've debated over and over again. and on tuesday night we found out that the majority of americans agree with my approach. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. now, we want you to lead. >> where does it all go from sneer we'll ask democratic senator from new york chuck schumer and republican senator from oklahoma tom coburn. also we check in with cn
"washington journal" is live with your callswithtweets and emails, next. >> so, we asked them to look beyond the speeches, the attacks, and the ads. look to the record. because words are cheap. a record is real and it is earned with effort. >> we have come too far to turn back now. we have come too far to let our hearts grow faint. now is the time to keep pushing forward, educate all of our kids, rebuild our infrastructure, the stock -- discover new sources of energy, restore our democracy, and make sure that no matter who you are, no matter what you look like for where you come from, no matter your last name or who you love, you can make it in america if you try. [applause] ♪ host: president obama in virginia, before that was mitt romney in colorado as this last- minute campaign marathon continues, 48 hours before polls opened in much of the country. it is sunday, november 4. it is not just a presidential election, but the presidential races getting a lot of attention. virginia is the home to the most expensive race in this cycle. "60 minutes" will be looking at the senate,
. your e-mails are live, next. of >> good morning.. the u.s. capitol after returning to washington for three days congress is out for the thanksgiving hall day, but back next week to work on the so-called fiscal cliff. the president in thailand. first stop in a three nation southeast asian tour and as part of the debate over the debt and government programs include social security, medicare and medicaid. aarp saying social security and medicare should not be cut as part of the debate over the 16 trillion over all debt. we'll get your thoughts our phone lines are open at (202) 737-0001 and (202) 737-0002 for republicans if you're an independent. (202) 628-0205, 3382 i'm sorry. headlines on this sunday morning. flames of rage. israel shoots down hamas missiles and we'll have more on this late in the program and the calculating the cliff. cover of cq weekly. republicans are talking about higher taxes as the president presses issue. and then there's this story from the "washington post". headline. aarp flexes muscle in debt talks the lo big power house for older americans last year mad
of the rnc, michael steele, in washington anchor for bbc "world news america," katty kay. >> "way too early" with bill karins. >> i'm going to say it again, a star was born. >> don't you think? >> i mean, just elegant, on the money. >> yes. >> glib in the right kind of way, gravitas, all there. >> i love it. >> awake. >> awake. >> that's always helpful. >> the guy who used to do it before, the tall guy, you know that one? >> a little droopy. >> rarely showed up for work. and when he did, it didn't look like he was all there, quite frankly. also, bill karins, of course, the big story of the day, the powerball. $550 million, something like that. did anybody buy a ticket? >> no. >> yeah. i did. but i'm still here which means i didn't win. if i did, out the door. >> 1 in 175 million chance. >> it's a loser's game. >> oh, steve. >> do you have charts? >> steve, what are you saying? loser? willie, didn't you? >> i did, last night. >> i will say an interesting sidebar, i used to do advertising for publisher's clearinghouse. without exception, the people that got the $25 million prize, destroyed th
for you. thanks for tuning in. i'm shannon bream. good night from washington. [chanting] >> both hamas and israel declare victory and life begins to get back to normal. but both sides warn they are ready to act if the cease-fire does not last. thanksgiving takes on new meaning after super storm sandy. >> one person needs help, another person is there to pick you up. >> it's not just about food. people are here to listen. >> tonight, giving thanks and giving back. and a deadly pileup causes chaos on a major highway. i'm greg jarrett in for shepard smith. more than 24 hours later, the cease-fire in the middle east is still holding. [horns and sirens] >> hamas military tans celebrating claiming they changed the game by avoiding an israeli invasion of gaza. israelis say they won by ending the hamas rocket attacks and weakening the militant group. each side is also mourning tonight in gaza city a funeral for a man killed in israeli air strike just before the cease-fire took effect. and the israeli military reporting a soldier died today after a rocket attack that also happened before the ce
after encouraging fiscal cliff talk from washington. listen. >> it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> wow. that's optimism. there you go. right now the dow jones industrial average is higher by 72 points. 12,950. the nasdaq is also in positive territory by about 11 points. the s&p 500, and you can see the same intraday pattern all three sessions, moving higher into the close. higher by 5.5 points. should investors believe in a rally solely based on encouraging comments? >> in today's "closing bell" exchan exchange, we discuss that. michael, i'll begin with you. the gyrations in this market are extrord their. one guy speaks in d.c., the market goes down. somebody else speaks, the market goes up. how do you play this? >> well, we're about 50% cash. i think
is the filibuster, a tactic older than this frank capra movie from the 1930s. >> half of official washington is here to see democracy's finest show, the filibuster, the right to talk your head off. >> kroft: by holding forth on the senate floor for days on end, the minority can delay or block bills that have support of the majority. >> great principles don't get lost once they come to light. they're right here. >> bayh: a lot of us have seen "mr. smith goes to washington." and jimmy stewart's standing up, getting haggard, all night in the filibuster to stop some terrible bill. that doesn't happen anymore. senator's got to pick up the phone and say, "you know what? i'm going to filibuster this thing." well, that's enough to stop it. he doesn't have to go to the floor and speak all night. there's no physical discomfort involved. so the... it doesn't really require a whole lot of sacrifice on the part of the individual member to bring the whole thing to a stop. >> kroft: under today's rules, any one of the senate's 100 members can stymie legislation or judicial and executive appointments by simply thre
, a short time ago vice president biden went to a local costco here in washington, d.c., proclaimed himself optimistic they would get a deal. the fact of the matter yesterday, erskine bowles, a key player as well, saying he is slightly pessimistic. he says there is 2/3 chance they will go off the fiscal cliff. that is not what the markets want to hear, jon. jon: not at all. ed henry at the white house. if jay carney relents and let you into the meeting give us a shot. we'll be on air. >> reporter: i will give you a copy of the menu. jon: please do, thanks. jenna: we'll forget about politicians just for a moment. i promise we'll return there surely over the next couple hours. let's talk about some renewed private sector pushing to really slash the federal budget. a group called citizens against government waste is calling for nearly $2 trillion in cuts the next five years. doug mckelway is live with the story. doug, how realistic is that goal? >> reporter: how realistic is the goal? not realistic at all. let's be honest about this. at least it is a benchmark we can strive for. citizens again
liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal. >> we could get it done tomorrow. >> budget expert erskine bowles
in america, and then you have this washington battle that appears intrangient as it has ever been. meanwhile, the debt rises to $16 trillion. >> i hoped that the president would say this, he has not, as yet. and i'm not holding my breath any longer, giving the clip you just showed. but the short answer, fiscal cliff is really just a masquerading of austerity, it is austerity in disguise. and the president and those of us who care about the future of this country in terms of this gap between have gots, and have notes, this is just austerity, they want to now basically scare those americans who are already on the short end of the stick with this conversation about a fiscal cliff. when the reality is that millions of americans have already gone over the fiscal cliff. and so this is a conversation that in some regards is a waste of time in washington, we ought to be talking about creating jobs and not about deficit reduction. it troubles me when the president himself even seems to go for that line about deficit reducti reduction. it ought to be about job kraeks. >> is he being bold enough? becau
life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico report that a phone call last night between boehner and the president was curt, noting it was 28 minutes long and productive. signaling the president is flexible on taxes not being specific on the new rates. >> i will say there can be no deal without rates on top earners going up. >> that means that the rates do not necessarily have to go up to 39.6. it could be 37 or 38. meaning they might goose that to try to jump-start the deal with republicans. bloomberg reports that the treasury secretary geithner has been saying look, the sky will fall if we fall off the cliff. he has the power to freeze paycheck withholding levels regardless of how rates change. they can staunch the bleeding from falling off the fiscal cliff if that happens. >> bret: ed, the former presidential candidate mitt romney was at the white house to
. turn your clocks back one hour tonight. that is it for "washington journal." a new edition comes at 7:00 tomorrow morning. >> through the election day, what our coverage of the presidential candidates and key senate and house and governor races. after an overview of the 2012 senate races, we will show you the maine senate race debate. >> a senior analyst for the rothenberg her campaign has completely retooled. she reinvents herself. she has had some good television ads. murphy is making up the advantage where it needs to be. she is open a case like, but not a huge leak that democrats would like in connecticut. -- lee that democrats would like in connecticut -- lead that democrats would like in connecticut. north dakota is an interesting one. it is one that if democrats have not gotten the right candidate, we would not be talking about it being as competitive. the democrat gets rave reviews on the trail. burke found himself under water for a bruising campaign for the house. he had to remake his image say why. he got an early -- early -- he had to remake his image state why. -- statewid
them to do it. >>> well, there are new fears of political gridlock in washington. the challenge facing congress as america approaches the fits cal clinch. >>> and trouble on eastbound 24 and find out why westbound 24 is a mess headed the other way. "mornings on 2" starts now. >>> well, good morning to you. welcome to "mornings on 2." i'm dave clark. >> good morning. i'm tori campbell. it's wednesday, november 7th. this morning, the state of florida remains too close to call but president obama has more than the 270 electoral votes needed to win re- election. the race was called after the president captured several battleground states including ohio, colorado, wisconsin and iowa. [ cheers ] >> thousands of supporters cheered as the president, first lady and their two daughters emerged at the victory party. >> while our road has been hard, while our journey has been long, we have picked ourselves up. we have fought our way back and we know in our hearts that for the united states of america the best is yet to come. >> president obama and his family spent the in chicago. >>> mitt romney m
david petraeus, which sent as you know shock waves through washington. new details emerging now this weekend about the fbi investigation that led to the discovery of what officials believe was an extramarital affair between petraeus and his biographer, paula broadwell. and of course so many questions about where this goes from here. joining me now for the latest on this developing story, the "washington post's" bob woodward and our own chief foreign affairs correspondent andrea mitchell who broke the story as i mentioned on friday. so andrea, here we are on sunday morning, new details. we know there was someone close to petraeus who got threatening e-mails. a whistleblower. she goes to the fbi. and that's how they get to the affair. >> this other woman, and we know she's not in the government and that she's not a family member, complained to the fbi about what she felt were harass k and threatening e-mails. it was that investigation that led -- they were anonymous e-mails. that led to broadwell's e-mail account. and by examining broadwell's, paula broadwell the biographer's e-ma
bartiromo will be back tomorrow. more hopes washington can get together on the fiscal cliff. >> posting our biggest gains, sitting near the highs of the session right now with the dow up almost 180 points. 104% gain at 12,767. nasdaq doing very well today. apple leading the charge higher, at 2906 on the composite. a lot of traders are watching the s&p today as it gets back above the 200-day moving average at 1383. markets rallying out of the gate. haven't looked back since the open. is it really because there are signs that lawmakers are at least trying to rise above and make a deal on the fiscal cliff? >> maybe. in today's "closing bell exchange ", mark, gene and our own rick santelli. art, let me start with you. is this a rise above rally? does it look like we might get a deal? >> we've been rising above the levels we've been at. no question about that. traders felt reassured coming in this morning. washington is a ghost town. the president's out of country -- >> those are good things. >> congress is not coming back until next week. no one will go before the cameras and jeopardize the cli
, washington" at 5:00 a.m. starts now. >> good morning, it is monday morning november 12. i'm steve chenevey. >> i'm cynne' rise and shine. we will go to meteorologist jacqui jeras. >> what a beautiful weekend and things are kicking off the workweek nicely but we've big changes later on a little bit of patchy fog this morning. otherwise expect sunshine but the clouds will be on the increase especially this afternoon. rain is in the forecast by tonight seeing some showers. that will linger in to tomorrow morning. we are waking up to pretty decent temperatures. 50 reagan national 49 dulles, 43 in manassas and culpeper and 51 in fredericksburg. today partly cloudy and partly sunny and mild at noon. mostly cloudy by 5:00. high around 67 to 68 degrees this evening before the big drop. we will tell you about the drop with the seven-day but first we have the traffic report. we will start with a look at 395 and duke street in between the cameras an accident southbound on 395 toward duke street on the right side. very light volume of traffic so far on this veterans day. and
court, pressing it to investigate israel's practices in the occupied territories. >>> in washington, lawmakers are already threatening to cut millions of dollars in aid to the palestinians should they use their new status to go after israel. >>> the united states senate is ready to consider broad new economic sanctions against iran. and they are aimed at choking off that country's energy and shipping sectors that are believed to keep its nuclear program afloat. yesterday the u.s. gave tehran a march deadline to begin cooperating with a u.n. nuclear investigation. the agency's been trying unsuccessfully for the past year to determine if iran is developing a nuclear weapon. >>> at the newseum in washington last night, hillary clinton offered a hint of optimism that diplomacy was still a possibility. >> we continue to believe that there is still a window of opportunity to reach some kind of resolution over iran's nuclear program. now, i'm not, you know, a wild-eye ed optimist about it, t i think it's imperative that we do everything we can unilaterally, bilaterally, multilaterally to t
of cia director david petraeus's resignation raising questions here in washington. what the intelligence committee is saying about her plans to investigate the affair that brought petraeus down approximate what it means for the libya hearing. more than 100,000 people without power in the wake of hurricane sandy. protests breaking out in new york, as the utility companies offer little guidance. we are live on the ground. honoring our armed service members, we will introduce you to the best charities helping our military and their family this is veterans day. i'm shannon bream, live from our nation's capitol. >> we are learning new details about the scandal that ended the public career of cia director david petraeus and how it could affect upcoming hearings about the benghazi investigation. the chair of the national intelligence committee says she did not received any -- receive any advance notice of this investigation. >> the senate intelligence committee received no advanced notice of any kind of investigation into director petraeus and chairwoman dianne feinstein said that finding out a
. "good morning, washington." it is november 12. i'm cynne' simpson. >> i'm steve chenevey. let's get to jacqui jeras with a look at the forecast. >> what a beautiful weekend. hope you enjoyed it. it was picture perfect. today is the last of the mild days and we have some clouds already beginning to move in. we will see some patchy fog giving way to thickening clouds. rain is on the way but it should hold off until lit tonight. we start with temperatures in the 40's and 50's. 52 at reagan national 50 dulles and 48 in frederick. we should see 54 by 9:00 and 63 by noon. the high around 68. another warm one but a big drop it temperatures. we will talk more about the rain in a bit but first we will check traffic traffic. hey, steve. >> we will start with a look at the springfield interchange. moving pretty well. it is veterans day today we have no h.o.v. restrictions on 95 395, 66 or the toll road. over to maryland on the beltway new hampshire avenue we have the road work left over on the left side from college park to silver spring. no delay. we have an incident on the inner loo
to washington after voters in wisconsin reelected him to represent the state's first district. now bay area republicans were left sad and disappointed. about 100 republicans gathered in walnut creek at masimos's restaurant. they watched the returns. however the celebration they planned never happened. after president obama's victory was announced many simply headed home. >> it's a pretty sad night here in the republican. there is a lot of people here thought romney communicated a message that resinated with america and disappointed he did not prevail. >> ironically i'm not feeling quite as sad as i thought i would. several of my dearest friends almost made me cry but not quite. >> while they are sad about romney's defeat republicans also point to other victories like maintaining control of the house of the representatives. the election did not change the balance of power on capitol hill. democrats they still controlled the u.s. senate. the republicans still controlled the house of representatives. coming up at 5:15 what that means for lawmakers moving ahead and for gridlock in washington. >
was in a book meeting in washington d.c. and looked at what the president did last time and needs to do this time. >> it was clear from the beginning that there would beative resistance from the republicans he did. but at the same time, i think he could have done more with respect to setting the right tone and showing some leadership and these are two areas that he has to focus on in his second term . reaching out to the business community and listening. and reacting to what he's being told and successly as difficult as it sometimes is and almost all of you in the room who had experience working with congress, that's the nature of the system. >> steve: i hope the system changes a bit and we get some stuff done for the next two years. >> brian: that woman walked in front. >> steve: didn't she know we were watching. >> gretchen: what was a factor in the tuesday election or a side show. the man who advised gary johnson and third party candidates here next. >> steve: look at the pilot's plane. it crashes and caught on camera. you can watch it. don't distribute. ♪ ♪ than that though, the
with boost. >> bret: earlier in week, washington an colorado became the first in the nation to approve recreational use of marijuana. today, colorado governor was supposed to find out how it fits with federal law prohibiting that sort of thing. correspondent alicia acuna is watching from denver. >> now what? the question over governor hickenlooper after voters approved historic measure. >> our voters want marijuana to be regulated. like alcohol. >> hickenlooper talked with eric holder about the issue today. state leaders have a lot of questions about dealing with a new constitutional amendment decriminalizing marijuana. >> there are a lot of laws i think are stupid that i support and provided a vice on every day. >> colorado attorney general southers opposed the amendment that won 55% of the vote. it allows those age 21 years and older to possess up to an ounce of marijuana, grow six pot plants naned the long-term wording allowed for stores to sell it to recreational users. the law contradicts federal policy. >> owe it to the people of colorado to state intentions. are you going to pro
about the bridge tollburrcrat necessary washington dc wreaking our energy supply. i believe in the natural gas revolution . it is 10 percent of our energy supply here in the united states and creating two million jobs and germany is afraid of how powerful our natural gas energy is. i hope that reduces the discomfort. >> victoria. is natural gas green enoug for the president. it is a fossil fuel . >> not as clean as bird cleaning windows. the president doesn't want high gras -- gas prices. i am not worried about spiking gas prices. what will increase gas prices is turmoil in the middle east and demand from t u.s. consumer . we are not in recovery mde. and so we are certainly not going to see large spikes in gas prices. >> rick, we have to remember it was the president's energy czar said maybe higher gas prices would b good for the world. >> yeah, never going to let him forget that. have i er told you how smart emac is when her head is screwed on crosscourtly. she had it right. there is it a report out this week that shows initial gas will triple over the next couple of years.
up? let's ask wall street journal columnist bill mcguerin, and analyst steve moore and washington columnist kim strassel. so, kim, the president won reelection, was this the hand of magnimty reaching out to the republicans? >> it's crazy, it's what the president says all the time. if you listen to the press conference, he seems to say the biggest wish list for his liberal partisans has become docile letting these tax rates expire. while the republicans have moved, they are offering revenue, this is a change from their position, while the frame work is potentially there for a deal, the president no compromise, no compromise. >> paul: what's his strategy, bill, here? what is he thinking? obviously, if we don't get a deal we do go off the tax cliff and the with the consequential danger to the economy. >> kim is right, you're right, the math doesn't add up, the politics adds up. $. >> how so? >> i'm afraid what's going to happen we're not only going to get bad policy, a tax increase and so forth. but we're going to-- the republican party as opposed to bad policy are also going to get
the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> as we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. >> behind closed doors. even with the fiscal cliff looming over the markets, our own jeff cox with cnbc.com says there's a growing bit of optimism about the outlook for next year. take a look at some of the predictions from some of the street's biggest names regarding the s&p 500 for next year. it's quite a chapg for morgan stanley, by the way, whose 2012 forecast was for the s&p to close at 1167 on december 31 of this year. >> wow. they're expecting a mega rally next year. >> he hates having to co
has this kind of a selloff when we get words out of washington today. what do you make of this? who's right on the fiscal cliff right now? >> well, i think that -- >> steven gilfoil. >> the consumer isn't paying that much attention to this. the regular american doesn't watch the financial news. he isn't reading the kinds of papers we read. and he's less concerned with this. >> should they be? >> they probably should be, but investors are more concerned with corporate news, with macroeconomic news. the senator made a statement today. you would expect some kind of posturing this week. we're still 30 days out or so. they don't really have to cut a deal yet. they have to look like they're fighting for what they want to fight for, yet please the constituents. they're probably going to put that off for a couple weeks. >> it's the other way around. washington should be paying attention to the consumer and realize how much is the stake here. when you look at the consumer confidence levels able to hold up. when you look at the retail sales numbers pensimentioned by and the idea we've stabili
about the energy boom. "washington journal" next. host: good morning, it's wednesday, november 21. president obama returns to the white house this afternoon following his tour of asia. secretary clinton is on the ground in the mideast, meeting with israeli, egyptian, and palestinian officials in an effort to bring an end to the ongoing violence in the gaza strip. yesterday's fed chairman ben bernanke issued warnings to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, i
these devotees dennis. had back. lori: i am lori rothman. melissa: i am melissa frances. will washington play ball or just bore all? president obama kicking up a busy week of meetings for the fiscal collected a. union leaders tomorrow ceos leading up to the meeting with congressional leaders on friday. so many meetings. lori: of the talks fail could we go over the fiscal click? our guest thinks so. they will feel that the most. melissa: a major reshuffle of who is in our out. lou dobbs joins us ahead. lori: are markets reacting that of the fiscal cliff? we head to the floor of the stock exchange with nicole petallides with modest gains. nicole: a green arrow, for all those folks who have seen the market selling off with an exception. we were down over 2%. we lost some of the earlier gains and was up 1/2%. and we look at some names on the move with microsoft, stepping down, the leader over 23 years, and people are wondering why and weigh in on the nasdaq, dell little better. home depot numbered with good numbers. cisco back and forth with its earnings estimate. melissa: the energy sector mostl
how to manipulate the levers of power in washington. he understood human nature, understood the strength and weaknesses of the people in congress and how to play on those weaknesses and strengths. obama doesn't have that skill set to use human nature as a way of getting done what he wants to get done in washington. >> host: holm books have you written? >> guest: i think this is my 11th book. three novels and eight nonfiction. >> host: what do you say to critics of your books? >> guest: what do the critics say. >> host: the accuracy of the stories you tell, et cetera. >> guest: well, the fact of the matter is, as far as i know, there hasn't been a single fact in this book that's been challenged in a kind of credible way. people have said, oh, klein makes things up. that's what kids in the schoolyard -- they call each other names. i've been called all kinds of names. but in fact when it comes to the credibility of my reporting, i don't think anybody has laid a glove on me yet. >> host: how many university were you editor. >> guest: 12 years assed debtor in chief of "new york t
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